The only real question at AIM Casino uber dog Andalas Energy (ADL) is who exactly is the devil? On the one hand there is the incumbent board led by disgraced Dave Whitby and on the other hand you have a shareholder action group set up by the colourful Brokerman Dan (Levi). In the old days of the Troubles those prisoners in Northern Ireland who were not operating alongside fellows such as the blood stained murdering bastard Gerry Adams, were referred to as "ordinary decent criminals" or ODCs.

Hello, Share Twisters. Two months ago I commended the big builder Persimmon (PSN) to your attention. The share price then was about 2220p. As I write, it’s 2636p. But there is further to rise, I fancy.

Sometimes for routine incompetence but more normally for attempting to publish the sort of money tree worship inspired fake news that should be the preserve of the BBC and the Guardian, pizza hardman Darren Atwater gets fired at least once a week by ShareProphets. Naturally he is reinstated almost immediately. The winner of this week's BBM Contest gets to fire Darren next Monday by mail or in person. What a prize!

No great surprise that after hours on the last possible day, Etaireia Investments (NEX:ETIP) put out its year-end results. It’s also no great surprise that they were shockingly poor but it is worth highlighting one particularly disappointing aspect as it looks very similar to the 2014/2015 fraud and I wonder if history is repeating itself.

One RNS caught my eye amongst the plethora of after-hours announcements on Friday evening. At 6.05pm AIM-listed LSL Property (LSL) was pleased to announce (so why at 6.05pm on a Friday?) a strategic investment in an online hybrid estate agent. 

I have reported before on the work of top geologist Dr David K. Smythe. Last time we carried his work of the various Weald basin drill programmes including Horse Hill & Broadford Bridge Andrew Bell of Regency Mines (RGM) "played the man" as well as the ball and slammed his analysis. I note Regency has been selling down its position not buying and so judge it by its actions not its words. Now we have a new detailed dossier on Horse Hill. 

Fund manager Matt Geiger thinks we were in a consolidation period of this precious metals bull market for the past year. He doesn’t see much downside from here. It’s been a relatively healthy period for investors to get into the market. In terms of the gold price we are more likely to reach $1400 than to see $1200 again, he argues.

There was a High Court Ruling this week which concerns attempts by the London Stock Exchange (LSE) and AIM to discipline the firm of ZAI Corporate Finance, a Nomad, or retained adviser, to firms on the AIM casino. The big question here is what dirty linen the Stock Exchange is desperate to hide. I should declare at this juncture that I am an expert witness in this case.

I don’t normally comment on the ongoing delays of the potential RTO’s of Sub-Standard Shocker XI members as I would be writing on the topic every week but the Levrett (LVRT) story throws up another angle, namely the total disregard to the obligation to announce results; so without a Nomad to enforce compliance with listing obligations, I thought I’d see if I would have any luck.

The trade of the week was to buy shares in AIM listed fraud du jour Telit Communications (TCM) at 105p. I discuss why this is not a sensible strategy although it paid off last week and when it will end in tears. The podcast also covers Rose Petroleum (ROSE) the sort of utter crap that is all too common on the AIM Casino. I look at where Rose is heading and it is more compost bin than walled garden. Warning this barcast contains some bad language.

The summer silly season is now over, and over 77,000 individual readers read ShareProphets during the past week. That's 77k readers who came to read real analysis and honest opinion. ShareProphets doesn't aggragate stories, we don't do clickbait, and we don't coddle our readers. You should be proud that you're one of them. 

A chance wander through the NEX Exchange website (formerly ISDX and Plus Markets) market notices page saw me turn up a NEX Exchange disciplinary notice dated 11 August 2017. I wondered what that was about and who had been done over, so naturally I took a look. The good news is that one Corporate Adviser has been hauled over the coals for failing to ensure its client company kept the market informed about important matters. The bad news is that it is released on an anonymous basis by the exchange.

I had meant to resume regular bearcasts on September 1, but just in time remembered that yesterday I should have been celebrating four years of wedded bliss. So, in order to keep the Mrs happy, I postponed the relaunch until today. But now, not for those averse to bad language, I am back and kick off with an explanation of why shares in UK Oil & Gas (UKOG) are just ludicrously overvalued. That is not to say they might not go up in the short term but in the end they must, on current facts, be grossly overvalued.

Seeing a 1:52pm “Trading Update” announcement didn’t inspire confidence and indeed the announcement from media and entertainment-focused Reach4Entertainment (R4E) includes “the directors anticipate that EBITDA for the 12 months to 31 December 2017 will be below market expectations”. HOWEVER…

Richard Jennings of Align Research is, as you know, not always right. But then again, who other than the posters on the LSE Asylum are right all the time? On the matter of Providence Resources (PVR), Jennings was, history shows, wrong to have bought in the first place but he is right to again demand that CEO Tony O'Reilly Junior be fired. ToR Jnr has failed monumentally and will carry on failing, in my view. Jennings has written to chairman Pat Plunkett.

From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2016 and thus far in 2017 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...

Kefi Minerals (KEFI) has updated the market on the latest developments at the Tulu Kapi gold project in Ethiopia. All of the news is expected, but positive and reinforces our view that this is coming together well and that the value of this asset is simply not discounted in the current share price. Indeed with gold starting to move ahead, the shares look ever cheaper.

I really do not get this bitcoin shite at all, however much my pal Dominic Frisby tries to explain it to me. I just fear it will end in tears but I am cognisant that some folks have made a complete killing on it so far. In a podcast with Palisade Capital, sector guru Michael Pole makes some bold calls. Is this just the start of the gold rush or are we close to dotcom bust in 2001?

Hello, Share Trudgers. There are loads of indicators out there as to how a share might perform well or otherwise. One you may not be bothered with - but perhaps should be - is the inspection of company websites. Yes, I know there are more important considerations. But in buying shares especially for the long-term, perhaps mostly as dividend earners, every little helps in the assessment of your choice.

This afternoon at 1.38pm came another RNS from AIM-listed Regency Mining (RGM). Having dumped 26% of its holding in AIM-listed UK Oil and Gas (UKOG) as announced yesterday evening, it has dumped a further 34.7% of the UKOG confetti it got from the sale of 1.9% of Horse Hill Developments to UKOG.